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    5 Bedroom Villa for sale at The Villas Overlooking Layan
    Choeng Thale, Thalang,Phuket
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    Sale Price
    $2,340,000 $2,810,000
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    5 Bedroom Villa for sale at The Villas Overlooking Layan
     (Write Review)
    Unit ID: U1179264
    7% Rental Yield
    Choeng Thale, Thalang,Phuket
    $2,340,000 $2,810,000
    5 Bedrooms
    6
    Bathrooms
    10,764 Sqft
    Indoor Area
    2
    Storeys
    Jan 2016
    Completed
    48
    Sale Price
    $2,340,000
    $2,810,000

    About This Villa

    This property is a 10,764 Sqft villa with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Jan 2016. You can buy this villa for a base price of $2,340,000 ($217/Sqft).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony TVTV

    Basic Information

    Date Listed Nov 30, 2022
    Updated 1 month ago
    Property Type Villa (Single Detached)
    Storeys 2
    Location Choeng Thale, Phuket
    Bedrooms 5
    Nearest Landmark Layan Beach -1 Km
    Indoor Area 10,764 Sqft
    Price per Sqft $217
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    N/A
    Plot Size 10,764 Sqft
    Pets All Kind of Pets Allowed
    Villa Ownership

    Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

    Leasehold
    Land Ownership

    Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

    Leasehold
    Land Title Deed Nor Sor 3
    Construction Completed (Jan 2016)
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) Sea View, Pool View, Garden View, Unblocked Open View
    Unit Type Villa
    Parking Spots 2
    Pool Size N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    $517,000/mo
    Listed By
    Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1179264

    Investment Opportunity: Charges & Yield

    Sale Price
    $2,340,000
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    $517,000/mo
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    15
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 5 bedroom villas at The Villas Overlooking Layan, and the current sales price.
    7%

    Project Details

    Project Name: The Villas Overlooking Layan
    Developer: Phuket Property Network
    Construction: Completed (Dec 2010)
    Units: 18
    Project Area: N/A
    Nearest Landmark Layan Beach - 1 Km
    Location: Choeng Thale, Phuket
    The Villas Overlooking Layan Project Details

    Project Features

    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Communal Garden Area Communal Garden Area

    Available Units at The Villas Overlooking Layan

    For Sale 6 For Rent 4
    • All
    • 3 Beds
    • 4 Beds
    • 5 Beds
    Get notified when new homes are being added to The Villas Overlooking Layan
    View All (6)

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    Frequently Asked Questions

    All kind of pets are allowed at The Villas Overlooking Layan including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee for properties at The Villas Overlooking Layan is a fixed amount of $517. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    Layan Beach is the nearest Beach from The Villas Overlooking Layan and it is 1 km away.

    The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

    In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

     

    Read more here

    After you have found the right property at The Villas Overlooking Layan you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer


    Read more here

    A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

    Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

    • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

    • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

    • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

    Read more here

    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

     

    Read more here

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    Phuket
    Choeng Thale

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    Projects Nearby The Villas Overlooking Layan

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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Projects Nearby The Villas Overlooking Layan
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    Ocean Hills Phuket
    Walai Layan Phase 1
    Walai Layan Phase 2
    ISOLA Phuket
    ISOLA II
    Aileen Villas Layan Phase 5
    Ocean Breeze
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